People: Vector Group Ltd (VGR)

VGR on New York Consolidated

20.87USD
17 Apr 2014
Price Change (% chg)

$-0.13 (-0.62%)
Prev Close
$21.00
Open
$20.90
Day's High
$20.97
Day's Low
$20.67
Volume
945,716
Avg. Vol
1,296,957
52-wk High
$21.85
52-wk Low
$14.61

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Summary

Name Age Since Current Position

Bennett LeBow

75 2008 Independent Chairman of the Board

Howard Lorber

64 2006 President, Chief Executive Officer, Director

J. Kirkland

47 2006 Chief Financial Officer, Vice President, Treasurer

Ronald Bernstein

60 2004 President and Chief Executive Officer of Liggett Group LLC and Liggett Vector Brands LLC; Director

Richard Lampen

59 1996 Executive Vice President

Marc Bell

52 1998 Vice President, General Counsel, Secretary

Stanley Arkin

75 2011 Independent Director

Henry Beinstein

70 2004 Independent Director

Jeffrey Podell

72 1993 Independent Director

Jean Sharpe

66 1998 Independent Director

Jonathan Doorley

IR Contact Officer

Biographies

Name Description

Bennett LeBow

Mr. Bennett S. LeBow is Independent Chairman of the Board of Vector Group Ltd. Mr. LeBow, currently a private investor, served as Executive Chairman from January 2006 until his retirement on December 30, 2008 and served as Chairman of the Board of Directors of Borders Group Inc. from May 2010 until January 2012 and Chief Executive Officer of Borders Group Inc. from June 2010 until January 2012. In February 2011, Borders Group Inc. filed for protection under Chapter 11 of Title 11 of the United States Bankruptcy Code. He served as the Chairman and Chief Executive Officer of the Company from June 1990 to December 2005. Mr. LeBow was Chairman of the Board of New Valley Corporation from January 1988 to December 2005 and served as its Chief Executive Officer from November 1994 to December 2005. New Valley Corporation was a majority-owned subsidiary of the Company until December 2005, when the Company acquired the remaining minority interest, engaged in the real estate business and seeking to acquire additional operating companies and real estate properties.

Howard Lorber

Mr. Howard M. Lorber is President, Chief Executive Officer, Director of Vector Group Ltd. He served as President and Chief Operating Officer of the Company from January 2001 to December 2005 and has served as a director of the Company since January 2001. From November 1994 to December 2005, Mr. Lorber served as President and Chief Operating Officer of New Valley, where he also served as a director. Mr. Lorber was Chairman of the Board of Hallman & Lorber Assoc., Inc., consultants and actuaries of qualified pension and profit sharing plans, and various of its affiliates from 1975 to December 2004 and has been a consultant to these entities since January 2005. He has also served as Chairman of the Board of Directors since 1987 and Chief Executive Officer from November 1993 to December 2006 of Nathan’s Famous, Inc., a chain of fast food restaurants; Chairman of the Board of Ladenburg Thalmann Financial Services from May 2001 to July 2006 and Vice Chairman since July 2006. Mr. Lorber was a Director of Borders Group Inc. from May 2010 until January 2012 and has been a director since 1991 of United Capital Corp., a real estate investment and diversified manufacturing company, which ceased to be a public reporting company in 2011. He is also a trustee of Long Island University.

J. Kirkland

Mr. J. Bryant Kirkland, III, is Chief Financial Officer, Vice President, Treasurer of Vector Group Ltd., since April 2006. Mr. Kirkland has served as a Vice President of ours since January 2001 and served as New Valley’s Vice President and Chief Financial Officer from January 1998 to December 2005. He has served since July 1992 in various financial capacities with the Company, Liggett and New Valley. Mr. Kirkland served as Vice President, Treasurer and Chief Financial Officer of SG Blocks Inc. from January 1998 to November 2011 and as a director of SG Blocks Inc. since November 1998. Mr. Kirkland has served as Chairman of the Board of Directors, President and Chief Executive Officer of Multi Soft II, Inc. and Multi Solutions II, Inc. since July 2012.

Ronald Bernstein

Mr. Ronald J. Bernstein is Director of Vector Group Ltd., and President and Chief Executive Officer of Liggett Group LLC and Liggett Vector Brands LLC of Vector Group Ltd. He has served as President and Chief Executive Officer of Liggett Group LLC since September 1, 2000 and of Liggett Vector Brands LLC since March 2002 and has been a director of the Company since March 2004. From July 1996 to December 1999, Mr. Bernstein served as General Director and, from December 1999 to September 2000, as Chairman of Liggett-Ducat Ltd., the Company’s former Russian tobacco business sold in 2000. Prior to that time, Mr. Bernstein served in various positions with Liggett commencing in 1991, including Executive Vice President and Chief Financial Officer.

Richard Lampen

Mr. Richard J. Lampen is Executive Vice President of Vector Group Ltd., since July 1996. From October 1995 to December 2005, Mr. Lampen served as the Executive Vice President and General Counsel of New Valley, where he also served as a director. Since September 2006, he has served as President and Chief Executive Officer of Ladenburg Thalmann Financial Services. From November 1998 to November 2011, he served as President and Chief Executive Officer of CDSI Holdings Inc., an affiliate of New Valley, which is now known as SG Blocks Inc. Since October 2008, Mr. Lampen has served as President and Chief Executive Officer of Castle Brands Inc., a publicly traded developer and importer of premium branded spirits in which the Company held an approximate 11% equity interest at December 31, 2011. Mr. Lampen is a director of Castle, SG Blocks Inc. and Ladenburg Thalmann Financial Services.

Marc Bell

Mr. Marc N. Bell is Vice President, General Counsel, Secretary of Vector Group Ltd. He has been General Counsel and Secretary since May 1994 and Vice President since January 1998 and the Senior Vice President and General Counsel of Vector Tobacco since April 2002. From November 1994 to December 2005, Mr. Bell served as Associate General Counsel and Secretary of New Valley and from February 1998 to December 2005, as a Vice President of New Valley. Mr. Bell previously served as Liggett's General Counsel and currently serves as an officer, director or manager for many of Vector's or New Valley's subsidiaries.

Stanley Arkin

Mr. Stanley S. Arkin is Independent Director of Vector Group Ltd., since November 30, 2011. Mr. Arkin is the founding member and the senior partner of the law firm of Arkin Solbakken LLP and is Chairman of The Arkin Group, a private intelligence agency. Mr. Arkin was a member of the Board of Directors of Authentic Fitness Corp from 1995 to 1998. He is a member of the Council on Foreign Relations, and has served on or chaired numerous committees in other professional organizations, such as the American College of Trial Lawyers, the Judicial Conference of the State of New York, the Association of the Bar of the City of New York, the American Bar Association, the New York State Bar Association, and the New York County Lawyers Association.

Henry Beinstein

Mr. Henry C. Beinstein is Independent Director of Vector Group Ltd., since March 2004. Since January 2005, Mr. Beinstein has been a partner of Gagnon Securities LLC, a broker-dealer and FINRA member firm, and has been a money manager and registered representative at such firm since August 2002. He retired in August 2002 as the Executive Director of Schulte Roth & Zabel LLP, a New York-based law firm, a position he had held since August 1997. Before that, Mr. Beinstein had served as the Managing Director of Milbank, Tweed, Hadley & McCloy LLP, a New York-based law firm, commencing November 1995. Mr. Beinstein was the Executive Director of Proskauer Rose LLP, a New York-based law firm, from April 1985 through October 1995. Mr. Beinstein is a certified public accountant in New York and New Jersey and prior to joining Proskauer was a partner and National Director of Finance and Administration at Coopers & Lybrand. Mr. Beinstein also serves as a director of Ladenburg Thalmann Financial Services Inc. and Castle Brands Inc. Mr. Beinstein has been licensed as a Certified Public Accountant in the state of New York since 1968.

Jeffrey Podell

Mr. Jeffrey S. Podell is Independent Director of Vector Group Ltd., since November 1993. He is a private investor. Mr. Podell also serves as a director of Ladenburg Thalmann Financial Services Inc. Mr. Podell was a member of the New York State Bar Association from 1965 until March 2010.

Jean Sharpe

Ms. Jean E. Sharpe is Independent Director of Vector Group Ltd., since May 1998. Ms. Sharpe is a private investor and has engaged in various philanthropic activities since her retirement in September 1993 as Executive Vice President and Secretary of the Company and as an officer of various of its subsidiaries. Ms. Sharpe previously served as a director of the Company from July 1990 until September 1993. Ms. Sharpe has been a member of the New York State Bar Association since 1979.

Jonathan Doorley

Basic Compensation

Name Fiscal Year Total

Bennett LeBow

8,689,920

Howard Lorber

9,841,650

J. Kirkland

632,566

Ronald Bernstein

2,220,270

Richard Lampen

1,754,020

Marc Bell

673,988

Stanley Arkin

--

Henry Beinstein

--

Jeffrey Podell

--

Jean Sharpe

--

Jonathan Doorley

--
As Of 30 Dec 2012

Options Compensation

Name Options Value

Bennett LeBow

12,525,948 99,640,200

Howard Lorber

2,271,132 7,135,090

J. Kirkland

73,295 374,537

Ronald Bernstein

301,928 1,260,976

Richard Lampen

465,328 2,118,651

Marc Bell

206,325 852,775

Stanley Arkin

0 0

Henry Beinstein

0 0

Jeffrey Podell

0 0

Jean Sharpe

0 0

Jonathan Doorley

0 0
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